PayPal Crypto Partner Paxos Raises $300m

PayPal Crypto Partner Paxos Raises $300m

Paxos, a major cryptocurrency company and PayPal’s crypto collaborator, has completed a massive fundraising round shortly after receiving preliminary approval to form a national trust bank. On Thursday, the firm announced a new $300m investment funding round bringing...
Bain Capital Raises $11.8bn for New Flagship Fund

Bain Capital Raises $11.8bn for New Flagship Fund

U.S. private equity firm Bain Capital LP said it has raised $11.8bn from outside investors and employees for its latest flagship North America buyout fund. The fundraising comes amid a rebound in dealmaking activity among private equity firms as the rollout of...
Resurgens PE Firm Targets $350m for Second Fund

Resurgens PE Firm Targets $350m for Second Fund

Lower mid-market focused Resurgens Technology Partners is targeting as much as $350m for its second fund, according to people familiar with the new fundraising effort. The technology-focused firm raised about $212 million for its first fund after its 2017 founding. If...
Forbes Pursues SPAC Talks Amid New Takeover Interest

Forbes Pursues SPAC Talks Amid New Takeover Interest

Business news and information publisher Forbes Media LLC is in talks to go public through a merger with a special purpose acquisition company as it attracts new acquisition interest, people familiar with the matter said on Thursday. The Borderless Services bid has a...